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Anyone used madbid.com


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The finishing price for an item may be ridiculously low, but if you've already spent £50 in bids for each of 4 items before you actually have anything to show for it then it's not such a bargain, is it?

 

I know that there's a potential to get a car for a pittance or whatever, but the odds of that happening are extremely low and the only reason that they can afford to allow one person to get it for £3000 (hypothetically) is that the other £15000 is made up of fees paid for bids by other people who don't end up getting the car, just a bill.

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The finishing price for an item may be ridiculously low, but if you've already spent £50 in bids for each of 4 items before you actually have anything to show for it then it's not such a bargain, is it?

 

I know that there's a potential to get a car for a pittance or whatever, but the odds of that happening are extremely low and the only reason that they can afford to allow one person to get it for £3000 (hypothetically) is that the other £15000 is made up of fees paid for bids by other people who don't end up getting the car, just a bill.

 

 

Hence the name, Madbid.

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